AUD/USD may rise 25 - 45 pips

Pivot

0.6605

Our preference

Long positions above 0.6605 with targets at 0.6660 & 0.6680 in extension.

Alternative scenario

Below 0.6605 look for further downside with 0.6590 & 0.6575 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

0.6700

0.6680

0.6660

0.6635 Last

0.6605

0.6590

0.6575

Number of asterisks represents the strength of support and resistance levels.